Let’s begin our discussion by identifying what the differences and similarities are, in audits of financial statements, compliance audits, and operational audits.

ACCT 444 DeVry Week 1 Discussion 2

Beekman Office Supply—Making Ethic Decisions (graded)

Read the facts relating to the Beekman Office Supply case, which are presented in the attached.next.ecollege.com/ec/courses/58092/CRS-zzz-4755444/Documents/iep_beekman_script.rtf”>script. Will Gail be in danger of a violation of the code of professional responsibility if she agrees to proceed as directed by the engagement partner?

ACCT 444 DeVry Week 2 Discussion 1

Basis of Claims against Auditors (graded)

Please review Case 5-27, Part 1 (Whitlow & Company) in your textbook. Based on the facts outlined in the case, what liability, if any, does Mitchell & Moss have if Thaxton brought suit based on the Securities Exchange Act of 1934?

ACCT 444 DeVry Week 2 Discussion 2

Identifying Risk Factors (graded)

Please review Case 11-33 (Kent, CPA) in your textbook. Refer to Table 11-2 on page 340. Identify facts that you believe may present a risk of fraud at SCS.

ACCT 444 DeVry Week 3 Discussion 1

Audit Evidence (graded)

Please review Case 7-38 (Grande Stores) in your textbook. Identify the management assertions related to each of the fictitious supplier credits and website unrecorded amounts in accounts payable using the facts presented.

ACCT 444 DeVry Week 3 Discussion 2

Risk and Materiality (graded)

Discuss the steps involved get more info in setting the preliminary judgment about materiality. Class, the concept of click here materiality is important in the context of auditing. Materiality is a function of the time, the situation, and the people involved. What is material from the point of view of a bank that lends money to the firm?